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Levi Strauss & Co.

LEVI · NYSE

Market closed$24.36$-0.630000 (-2.52%)After hours $24.58 · +0.90%

Key statistics

Previous close$24.99
Open$24.67
Day high$24.95
Day low$24.19
52-week high$25.58
52-week low$17.72
Market cap9.53B
Volume1.77M
Average volume2.89M
P/E ratio16.80
Forward P/E—
EPS1.45
Dividend yield+2.30%

Market context

Why it moved

LEVI shares are declining as the stock continues to face selling pressure following its recent Q2 earnings report, where the stock dropped despite beating expectations, as investors remain cautious about the company's ongoing transformation into a denim lifestyle brand amid broader market concerns.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Levi Strauss closed down about 2.5% on Friday, giving back a portion of the prior session's strong post-earnings rally, as broader market weakness — with the S&P 500 and Nasdaq falling on AI jitters and escalating U.S.-Iran tensions — weighed on consumer discretionary stocks. The pullback follows a strong week driven by Levi's Q2 earnings beat ($0.28 EPS vs. $0.24 estimate), 8% revenue growth to $1.56B, raised full-year guidance, and a dividend hike to $0.16/share. Wall Street remains broadly bullish, with a "Moderate Buy" consensus, a $27.46 average price target, and firms including J.P. Morgan ($33 PT) and Telsey Advisory ($30 PT) reaffirming Buy ratings.

-2.521

July 17, 2026Levi Strauss shares jumped nearly 5%, continuing to build on momentum from its strong Q2 earnings report (July 8) in which the company beat estimates with EPS of $0.28 vs. $0.24 expected and revenue of $1.56 billion (+8% YoY), raised full-year guidance, and lifted its quarterly dividend 14% to $0.16. Multiple analysts reiterated Buy ratings this week — including J.P. Morgan ($33 target), Telsey Advisory ($30), Wells Fargo ($25), BTIG ($27), and Needham ($28) — reinforcing conviction that Levi's accelerating Direct-to-Consumer shift, now over half of sales with DTC EBIT up 400bps YTD, is driving durable margin expansion.

4.6273

July 16, 2026Levi Strauss edged higher, holding near post-earnings levels as a wave of analyst reaffirmations reinforced bullish sentiment following its strong Q2 beat. J.P. Morgan, Telsey Advisory, Wells Fargo, and Barclays all maintained Buy or Overweight ratings this week, with price targets ranging up to $34, against a consensus target of $27.46. The positive tone stems from Levi's July 8 earnings report, where it posted EPS of $0.28 (vs. $0.24 consensus) on revenue of $1.56 billion (+8% YoY), raised FY2026 guidance, and hiked its quarterly dividend 14.3% to $0.16—with the ex-dividend date set for July 22.

0.4203

July 14, 2026Levi Strauss closed modestly lower as broader market selling pressure — driven by renewed U.S.-Iran tensions and surging oil prices — weighed on consumer cyclical stocks. The slight pullback follows a strong post-earnings run: the company beat Q2 estimates with EPS of $0.28 (vs. $0.24 expected) and revenue of $1.56 billion (up 8% YoY), raised FY2026 guidance, and boosted its quarterly dividend 14.3% to $0.16. Analysts remain broadly constructive, with Wells Fargo, BofA, Barclays, Needham, and BTIG reiterating Buy ratings and a consensus price target of ~$27.46 — roughly 13% above current levels — underpinned by 17 consecutive quarters of DTC growth and 19% online revenue gains.

-0.4936

July 11, 2026Levi Strauss shares recovered nearly 2%, recouping a portion of the prior session's post-earnings selloff as investors digested a strong Q2 beat and raised guidance. The company reported adjusted EPS of $0.28 vs. $0.24 expected and revenue of $1.56B (+8% YoY), while lifting full-year EPS guidance to $1.46–$1.52 and boosting its dividend 14% to $0.16/share — its fourth consecutive increase. The initial after-hours drop reflected concerns over a conservative guidance midpoint and ongoing tariff/FX headwinds, but Wall Street analysts remain constructive, with UBS, BTIG, and Raymond James reiterating Buy ratings and price targets ranging up to $34.

1.9715

July 10, 2026Levi Strauss closed lower despite delivering a strong beat-and-raise Q2, as investors sold into the news after the full-year EPS guidance midpoint came in slightly below Wall Street's $1.53 consensus. The company beat on both earnings ($0.28 adj. EPS vs. $0.24 est.) and revenue ($1.56B vs. $1.52B est.), raised its FY2026 revenue growth outlook to 7.0–7.5%, and hiked its dividend 14%—yet the updated EPS range of $1.46–$1.52 fell short of the Street's expectation. Multiple analysts remained bullish post-earnings, with UBS maintaining a Buy and $34 target, JPMorgan raising its target to $33, while the consensus price target of ~$28 implies meaningful upside from current levels.

-2.2245

July 9, 2026Levi Strauss delivered a strong Q2 2026 earnings beat after market close — adjusted EPS of $0.28 topped estimates by $0.04 and revenue of $1.56B beat consensus by ~$42M, up 8% year-over-year — and the company raised its full-year guidance, now projecting FY2026 adjusted EPS of $1.46–$1.52 and revenue growth of 7.0–7.5%. Despite the upbeat results, shares plunged roughly 6% in after-hours trading, likely reflecting a broader risk-off market backdrop driven by escalating U.S.-Iran tensions and surging oil prices that weighed heavily on consumer cyclical stocks throughout the session.

-1.1354

July 8, 2026Levi Strauss closed essentially flat ahead of its highly anticipated Q2 2026 earnings report due Wednesday morning, with investors focused on whether the denim giant can deliver on Wall Street's expectations of $0.24 EPS and $1.52 billion in revenue. The report is being closely watched as a potential industry bellwether—Levi's minimal China sourcing exposure and diversified supply chain make its Q2 results the first real test of how post-IEEPA tariff economics flow through apparel cost structures, with analysts noting a possible $XXX million COGS benefit and significant tariff refund in play. Separately, the company's ongoing DTC-first transformation, with direct-to-consumer now representing over half of sales and DTC EBIT margins up 400bps year-to-date, and buzz around its FIFA World Cup marketing campaign have kept analyst sentiment broadly constructive heading into the print.

-0.081

MarketBeat · July 17, 2026Levi Strauss & Co. (NYSE:LEVI) Receives Average Recommendation of "Moderate Buy" from AnalystsSupply Chain Dive · July 16, 2026Levi’s builds toward unified ERP system by mid-2027The Globe and Mail · July 14, 2026Wells Fargo Sticks to Its Buy Rating for Levi Strauss & Co (LEVI)Digital Commerce 360 · July 10, 2026Levi Strauss ecommerce sales jump 19% as DTC strategy boosts Q2 growthNBC News · July 9, 2026Levi Strauss CEO Michelle Gass hopes to ring up more sales to womenQuartz · July 9, 2026Levi Strauss Q2 2026 earnings beat, stock falls after hoursReuters · July 8, 2026Levi Strauss raises forecast as premium denim gains traction, but shares fallLexington Herald Leader · July 2, 2026Levi’s distribution center in NKY closing. More than 300 to lose jobs
Mt Newswire · July 9, 2026Levi Strauss' Transformation Should Drive Growth, UBS Says
Benzinga · July 9, 2026Levi Strauss Posts Beat-And-Raise Quarter, Analysts See ‘More Upside In 2H’
Benzinga · July 9, 2026Levi’s Stock Tumbles 4% Despite Q2 Earnings Beat and Raised Guidance— Management Says ‘More Ways to Win Than Ever’
Mt Newswire · July 9, 2026Levi Strauss' Upgraded Fiscal 2026 Earnings Outlook Falls Short of Street Views; Shares Down Pre-Bell
Benzinga · July 9, 2026Why Is Levi Strauss Stock Falling Thursday?
Benzinga · July 9, 2026Needham Reiterates Buy on Levi Strauss, Maintains $28 Price Target
Benzinga · July 8, 2026Levi Strauss Reports Q2 2026 Results: Full Earnings Call Transcript
Mt Newswire · July 8, 2026Levi Strauss Q2 Adjusted Earnings, Revenue Rise; Ups Guidance

Peers

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